Bitcoin sell-side risk hits 2024 low just $10K from BTC price record

Wednesday, June 12 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time, as bitcoin (BTC) approaches the $8,000 mark again after breaching it earlier today.Market visualization courtesy of Coin360Bitcoin is currently up over 2% on the day, trading around $7,987 at press time, according to Coin360. Looking…

South American online marketplace Mercado Libre is working with Facebook on the social network’s Libra cryptocurrency project, Cointelegraph Brazil reports on June 14.A MercadoLibre executive told Cointelegraph Brazil that the purported cryptocurrency will be integrated into the e-commerce platform as a form of payment. While the anonymous executive confirmed the partnership, further details were not…

According to the auction company, its first investment will be in LayerZero Labs, a company developing solutions for enabling omnichain decentralized applications. 215 Total views 19 Total shares Christie's, the auction house known for its sales of art and luxury items, has launched an investment fund to support emerging companies with technology enabling “seamless consumption…

Bitcoin bulls stampede toward $60,000 but is there enough energy to break above to 200-day moving average? 

On Sept. 14, the blockchain investment arm of United States-based e-commerce Bitcoin pioneer Overstock announced that the retailer’s clients can now purchase the cryptocurrency directly from its website. It became possible after its subsidiary Bitsy began a beta launch of its cryptocurrency wallet and exchange, marking another step in Overstock’s rich relationship with Bitcoin.However, although…

Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.

Authorities in Johannesburg are holding firm in their refusal to pay a ransom of 4 Bitcoin to hackers who targeted municipal systems last week.In a statement posted to its official Twitter handle on Oct. 28, the Johannesburg city council confirmed the attack had affected services that included billing, property valuation and land information systems, as…

"In the end, ultimately, I failed to deliver because of my compounding failures and will incorporate this knowledge into my next project," said Delong. 293 Total views 20 Total shares On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a brief reflection of experiences during his tenure.Delong unilaterally resigned…

“Never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information,” new FTX CEO John Ray III said in a legal filing on Thursday. “From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a…